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we want to continue with obamacare as it was. people who lost their policies that is too bad for them. we have to go on, get all the young people with all extra things they don't want or desire, get them to pay for it. so my own feeling is, that they realize, democratic commissioners realize obamacare falls apart if they don't get young people to buy stuff they don't want to buy. >> no question about it. it is a real problem for the whole system. as i explained to the president, you can't at the very last minute make changes like this without having a domino effect throughout the whole law, the whole reform effort that was undertaken under the catchphrase or the title of affordable care act. everything is interconnected with everything else. david: yeah. >> by delaying the small group part that he did a couple months ago, that had an effect. by this last-minute say, you can allow folks continue non-compliant policies, that has an effect on that bucket of business that is in the compliant policy batch. cost, solvency, all those is
we want to continue with obamacare as it was. people who lost their policies that is too bad for them. we have to go on, get all the young people with all extra things they don't want or desire, get them to pay for it. so my own feeling is, that they realize, democratic commissioners realize obamacare falls apart if they don't get young people to buy stuff they don't want to buy. >> no question about it. it is a real problem for the whole system. as i explained to the president, you can't...
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where they, too, have turned on obamacare. ♪ oh, how is this for an obamacare headline? as california wakes up this tuesday morning, californians like the bullet train more than they like obamacare, what? according to a new poll, just 43% of independents approve the plan to buy, to build the high speed bullet. and only 40% say they support the president's health care law. maybe here is why. 900,000 health insurance policies in california have been canceled as a result of obamacare. charles, the president has been touting california as a success and so has paul krugman, california is the social petry dish. if it can't work there, it can't work anywhere. of course he's touting california. there was a piece and-- >> finley is a frequent quest. charles: they talk about ben of costa mesa, took him a couple of times to get on, one time six hours on and they have paper applications backlogged. a million people just about have lost their policies and it's not living up to the billing and here is the problem, word of mouth is what makes something like this successful ultimately a
where they, too, have turned on obamacare. ♪ oh, how is this for an obamacare headline? as california wakes up this tuesday morning, californians like the bullet train more than they like obamacare, what? according to a new poll, just 43% of independents approve the plan to buy, to build the high speed bullet. and only 40% say they support the president's health care law. maybe here is why. 900,000 health insurance policies in california have been canceled as a result of obamacare. charles,...
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gaping holes exist in obamacare's backend that is not seen by consumers. the infrastructure to actually enable consumers has not even been built yet. herewith the latest is doctor scott gottlieb with the centers for medicare and medicaid services. he provided key testimony on this very issue today. this is so disturbing. so the idea here isthey have been built, but they don't enroll anybody. so you go in, you find a plan, and god willing, you can pick one, but you can't actually pay for it. how much of this website is unfinished? >> they said 40% is unfinished. it is hard to believe that they have launched this without finishing it. what they said they were going to do is finish it this month. but they have had to work the front end of the website. right now, they don't have a system in place that allows the payments to get transferred to the insurance company. so the insurance companies, come january 1, are not going to be able to get paid. and it raises all kinds of questions. gerri: will it function? will it work? are people going to get to their doctor
gaping holes exist in obamacare's backend that is not seen by consumers. the infrastructure to actually enable consumers has not even been built yet. herewith the latest is doctor scott gottlieb with the centers for medicare and medicaid services. he provided key testimony on this very issue today. this is so disturbing. so the idea here isthey have been built, but they don't enroll anybody. so you go in, you find a plan, and god willing, you can pick one, but you can't actually pay for it. how...
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do you still want to fix obamacare, really? a doctor joins us to tell us what really needs to happen to improve health care and access to it. so much for obamacare. join us tonight at 7:00 easte eastern. stuart: all she wanted was to sell mistletoe so she could save up enough money to pay for her braces, but 11-year-old madison root was told by a security guard she could not sell mistletoe next to the foun in downtown portland because of city laws. she suggested that she beg on a street to cover her costs. charles? >> it really is a shame. it is heartbreaking and listen, forget about the entrepreneurial spirit. stuart: up to that point she sold seven bags for five bucks. and my son went through the same thing. he was selling candy at school and a teacher saw him at a big event and made him give back the money and i mean, this kid is still livid over that. the good news for madison, after the story got out. a man called and bought 30 bags and another donated $1,000 for the braces fund. and when the country says begging is a bett
do you still want to fix obamacare, really? a doctor joins us to tell us what really needs to happen to improve health care and access to it. so much for obamacare. join us tonight at 7:00 easte eastern. stuart: all she wanted was to sell mistletoe so she could save up enough money to pay for her braces, but 11-year-old madison root was told by a security guard she could not sell mistletoe next to the foun in downtown portland because of city laws. she suggested that she beg on a street to...
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>> under obamacare is one viewpoint. we're in the rare disease business. these patients do not have any alternative this makes our business very unique. we're targeting a small number of patients. more often than not they don't have anything to rely on. tracy: tell us about the big drug we talked about the last time you were here. what is the update on that? >> the update the launch of gatex is going exceedingly well. we're pleased and announced we reached lower end of our guidance. we said we would have between 275 and 325 patients on it by year-end. we announced today that we reached 275 going forward. tracy: what does it, what does it help? >> well gattex helps patients who can not absorb fluid and nutrients because they have a short gut because of crohn's, sclerosis and other conditions. they rely on artificial newt tricks that given to them intravenously every day, eight, nine, 10, 12 hours a day every day of the we go for the rest of their lives. tracy: wow. this is helping them. talk about the process. you. you and i talked about how long it took fr
>> under obamacare is one viewpoint. we're in the rare disease business. these patients do not have any alternative this makes our business very unique. we're targeting a small number of patients. more often than not they don't have anything to rely on. tracy: tell us about the big drug we talked about the last time you were here. what is the update on that? >> the update the launch of gatex is going exceedingly well. we're pleased and announced we reached lower end of our guidance....
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we were fighting over obamacare. now we're in a situation republicans do not want to have it on the budget. both of her pretty bad for them. let's look at the democrats. suffering politically from obamacare, they want to change the subject as much as possible. laws and the city are taking care of very important response abilities here until they've been pigmentation problems can get worked out. in one sense it helped. but also similar reason driving is as both parties are trying to kick this out for two more years to have an election and decide how these issues get resolved. accommodation suggests they will get a deal in the next couple of days. dagen: this is if you have described it to use your words some low hanging fruit. how does this deal come together and what are the chances it does? >> i think it is slightly better than 50% chance it is going to get done. remember, the two chairs negotiating the steel are not here to tell us what they want to get done, they feel confident they will get something done. the is
we were fighting over obamacare. now we're in a situation republicans do not want to have it on the budget. both of her pretty bad for them. let's look at the democrats. suffering politically from obamacare, they want to change the subject as much as possible. laws and the city are taking care of very important response abilities here until they've been pigmentation problems can get worked out. in one sense it helped. but also similar reason driving is as both parties are trying to kick this...
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and it was, mainly to support the president's agenda items, including obamacare but also his education initiatives and other measures. back to you. ashley: peter barnes, thank you so much. >> you bet. tracy: let's get a quick reaction on these markets after that news peter just brought us. nicole petallides on floor of the new york stock exchange. little bit of movement. >> yeah a little bit of movement up off the lows. keeping close eye on 10-year bond. 2.84% on the 10-year and that is very key. all to the downside coming off the lows of the day. tracy and ashley, lowest point on the dow was 15,791. we're now 15,825. you have seen some improvement. that being said the financials were trying to give it a go. the financials have been extremely weak lately these last few days. we saw them in the green earlier today. however we're watching them go back and forth. moment ago banking index is lower. now it is higher. that is something, you see us come off the lows after the beige book report. there is look at financials, jpmorgan, bank of america, goldman sachs are squeezing into the green.
and it was, mainly to support the president's agenda items, including obamacare but also his education initiatives and other measures. back to you. ashley: peter barnes, thank you so much. >> you bet. tracy: let's get a quick reaction on these markets after that news peter just brought us. nicole petallides on floor of the new york stock exchange. little bit of movement. >> yeah a little bit of movement up off the lows. keeping close eye on 10-year bond. 2.84% on the 10-year and...
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workers earn the federal minimum wage and they argue that especially in light of demand put on them by obamacare, raising the minimum wage could cost jobs, cording to one study, nearly half a million jobs could be lost. and the lobbying group, union fact, simply says raising the minimum wage sun reasonable demand. listen. >> you can't just translate your need for more money on to every business and say, i've got three kids to feed. you need to pay me more. that is not how the compensation system works in this country. >> bottom line here for the most part it appears that most fast-food restaurants are conducting business as usual. it at appears only relative small number of fast-food workers have in fact walked off the job. thank you david lee miller. adam: charles payne has a few thoughts on the minimum wage strikes. charles, you have a different angle on how this is all playing out. >> well there are two things. i think the while movement itself is disingenuous to a large degree and misguided. irony we had a bunch news this week that is underscores this point. beginning of week, one of the new
workers earn the federal minimum wage and they argue that especially in light of demand put on them by obamacare, raising the minimum wage could cost jobs, cording to one study, nearly half a million jobs could be lost. and the lobbying group, union fact, simply says raising the minimum wage sun reasonable demand. listen. >> you can't just translate your need for more money on to every business and say, i've got three kids to feed. you need to pay me more. that is not how the compensation...
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blue cross blue shield of arizona will automatically renew plans for customers canceled under obamacare. after an internal review the insurer realized it would be easier and more effective to let the plant stand. blue cross expects to notify about 55,000 arizona customers this week about their decision. unemployment is jumping in alaska up just in time for the holidays and some parts of alaska the jobless rate is about to%. statewide the rate is now at just over 6 percent, up from five and a half% just last month and britney spier's is on schedule to launch surveys show at the end of this month. according to caesars palace, part of the deal, the $500 packages are sold out and the meat and greece are selling for $20,500. those are sold out as well. by the way, happens to be her second birthday. hopefully should in turn 300 grand that she is getting paid per show. that is our west coast minute. dennis: a new crowning achievement for beyonce a. her latest title landing the diva she stole from. cheryl: has begun to break will take a look at some of the winning names on the nasdaq. as you ca
blue cross blue shield of arizona will automatically renew plans for customers canceled under obamacare. after an internal review the insurer realized it would be easier and more effective to let the plant stand. blue cross expects to notify about 55,000 arizona customers this week about their decision. unemployment is jumping in alaska up just in time for the holidays and some parts of alaska the jobless rate is about to%. statewide the rate is now at just over 6 percent, up from five and a...